3559 Morgan DR new

Macon,GA 31204

$ 99000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision New Suburb Beautiful

MLS Listing ID 7498129

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1948

Annual Tax Amount $590

Tax Year 2024

Lot Size 0.440 Acres

Acres 0.44

Property Description

TRIPLEX TRIPLEX!!!!! Only asking 99k!!!Seller FIRM on price!! CERTIFIED APPRAISAL VALUE AT 130k to 140k !!!
Amazing monthly cash machine investment opportunity with 35k built in equity!!
Calling all savvy investors!!! Take advantage of this wonderful single family home set up like a triplex . This income producing rooming house currently gross $1,930.00 per month and the property will have 100 percent occupancy rate and gross $3,205.00 per month before January 1 , 2025. The main unit(A) is a rooming house . It's producing $780.00 currently and will produce $2,055.00 before January 1, 2025. Room 1 is occupied by an assistance rooming house manager and room 5 is responsible long term student tenant. Room 2 , Room 3, room 4 will be occupied before January 1, 2025 . Unit B is a small studio , it's occupied by a responsible tenant, rent is $500.00 per month, and unit C is occupied by a responsible hard working lady , rent is $325.00 bi weekly. All current tenants have an excellent rental payment history . Property has been recently updated within the last 2 years . New exterior paint , new roof , a few new windows and doors , new studio apartments , new drywall installation 4 years ago , new bathrooms installed 3 years ago, HVAC system 3 years old. The main kitchen needs some TLC work , the hallway subfloor need minor replacement. House is in fair condition!! Cash buyers preferred!!! Seller is firm on price . Seller has certified desktop appraisal at 130k to $140k.

Great opportunity to refi & cash out with a hard money bridge loan !!

Location

State GA

County Bibb

Lake Name None

Interior

Heating Central,Natural Gas

Cooling Attic Fan,Ceiling Fan(s),Central Air

Window Features None

Exterior

Parking Features Driveway,Level Driveway

Fence Back Yard

Community Features None

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Underground Utilities,Water Available

Waterfront Description None

View Other

Roof Type Tile,Wood

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Other

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Vinyl Siding,Wood Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Southfield

Middle Schools Howard

High Schools Howard

Others

Senior Community no

Tax ID N0720349

Special Listing Condition None

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